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2896 N Dixie Highway Monroe, MI 48162-5288
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Key Details
Sold Price $370,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $52
Subdivision Mi
MLS Listing ID 70404904
Sold Date 11/27/24
Year Built 1930
Annual Tax Amount $14,957
Tax Year 2024
Lot Size 0.880 Acres
Acres 0.88
Lot Dimensions 118 x 331
Property Description
ONE OF THE OLDEST FAMILY RESTAURANTS IN MICHIGAN! ALMOST 7,000 SQUARE FEET INCLUDING ALL KITCHEN EQUIPMENT, TABLES AND CHAIRS AND THE LIQUOR LICENSE! AT APPROX. $58 A SQUARE FOOT, THIS IS A STEAL! KEEP IT AS IS, A WHITE TABLECLOTH RESTAURANT, OR TURN IT INTO A SPORTS BAR OR BREW HOUSE. EITHER WAY, YOU WON'T FIND A BETTER DEAL. NEW ROOF IN THE LAST 2 YEARS, KITCHEN EQUIPMENT ALL IN GREAT CONDITION, FURNACE AND CENTRAL AIR ARE IN GREAT CONDITION. 4 BEDROOM APARTMENT UPSTAIRS ADDS TO THE APPEAL (THE UPSTAIRS APARTMENT NEEDS UPDATING/RENOVATING, BUT WOULD BE A GREAT INCOME PRODUCER). MASSIVE AMOUNT OF PARKING SPACE. APPOINTMENT ONLY WITH ADVANCE NOTICE. DO NOT APPROACH THE STAFF OR OWNERSHIP!! SELLER'S AGENT MUST BE PRESENT FOR SHOWINGS. ORIGINAL STRUCTURE BUILT IN 1930 AND ADDED IN 1968.
Location
State MI
County Monroe
Area Frenchtown Twp (58007)
Interior
Heating Forced Air
Building
Foundation Basement
Water Public Water, Public Water at Street
Structure Type Block,Concrete,Frame,Wood
Others
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Bought with LPS
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